The Supreme Court has held that merely renting out a residential apartment does not automatically exclude a homebuyer from the definition of a “consumer” under the Consumer Protection Act, 1986. The Supreme Court has held that merely renting out a residential apartment does not automatically exclude a homebuyer from the definition of a “consumer” under […]
Housing demand in Bengaluru areas adjacent to metro stations has surged by 8-19%, according to data shared by NoBroker. Home prices in established metro hubs like Rajajinagar rose by 13% and 11% in Jayanagar, while rental values near the stations climbed as much as 18%, outpacing the broader city average. Housing demand near Bengaluru metro […]
The Karnataka Real Estate Regulatory Authority (KRERA) has pulled up a Bengaluru-based developer for failing to issue the khata to a homebuyer despite handing over possession of the apartment. The regulator has directed the builder to ‘transfer and facilitate’ the khata in the buyer’s name within 30 days of the order date. Karnataka RERA has […]
The Maharashtra Real Estate Regulatory Authority (MahaRERA) announced on January 5 that it had disposed of a record number of 6,945 complaints from homebuyers in 2025. The data released by the authority states that in 2025, it received 5,039 complaints, a 29% increase from the 3,880 complaints received in 2024. The authority data also shows […]
A Reddit post by a 35-year-old homebuyer in Gurugram, claiming strong gains from a flat purchase, has triggered a broader debate on whether apartments truly create wealth or merely offer lifestyle security. A Reddit post by a 35-year-old Gurugram homebuyer claiming gains from a flat purchase has sparked debate on whether apartments build wealth or […]
Karnataka Real Estate Regulatory Authority (KRERA) has pulled up Bengaluru-based real estate developer for failing to provide a homebuyer with their khata document for the apartment within two months as promised in the agreement. KRERA has pulled up a Bengaluru developer for failing to issue a homebuyer’s khata within the promised two months. (Representational Image) […]
The Maharashtra Real Estate Regulatory Authority (MahaRERA) stayed in focus through 2025 with a series of buyer-centric interventions. The year marked the first full calendar year under Chairman Manoj Saunik, who assumed office in September 2024. MahaRERA update: The Maharashtra Real Estate Regulatory Authority stayed in focus through 2025 with a series of homebuyer-centric interventions. […]
The Maharashtra Real Estate Appellate Tribunal (MREAT), while directing a developer to refund more than ₹2 crore to a homebuyer for delayed possession, held that buyers cannot seek a refund of GST, stamp duty, registration fees, TDS, MVAT, or similar government levies from developers. Delayed possession: The Maharashtra Real Estate Appellate Tribunal ruled that homebuyers […]
In the Mumbai real estate market’s mid and luxury segment, homebuyers are increasingly valuing premium views, whether that is a sea-facing, sea view or forest view apartment. While many developers promote the project, leveraging the views as a key selling point, netizens on social media opine that the sea view and forest view often become […]
Mumbai-based Rahul Saraf purchased a home in March 2024 with a home loan of ₹50 lakh and he is living in it. The total pre-construction interest paid was ₹5 lakh. According to Section 24(b), Rahul must claim it in five equal installments of ₹1 lakh each over five years, starting from possession. In the first […]